Tag Archives: Axis Bank

Nifty Weekly Technical Outlook for 13th Apr, 2015

Win over your emotions.

Many of my readers must be thinking that, it is easy to do an analysis and writing once market is over. I certainly agree with them, and may be after looking at last Thursday’s  and Friday’s price action, when Nifty almost gave a signal of breaking down and recovered from the lows. Honestly, it is very difficult to stay firm and maintain long position, if you are sitting in front of screen, even it was difficult for me. Today it is very easy for me to say that Overall tone of the market is Bullish, and Nifty was about to go higher after making a low. No I wouldn’t say this, rather I would admit that it was difficult and challenging task. From above observation, time and again I am coming across only one thought; You can make money in the market not with winning strategy, but with winning over your emotions.  Continue reading

Nifty & Bank Nifty Weekly Technical Outlook for 06th Apr, 2015

Last week, we discussed about three possible scenarios which could take place, and Nifty maintained to stay float above 8269 levels. On 7th April RBI monetary policy would be announced and moreover market participants are expecting one another rate cut in this policy, now it is difficult to judge and say that how market reacts based upon the announcements, status-quo in the policy turns out to be disappointment, or market takes it lightly and move in its own rhythm. Now let’s take a look at what charts are suggesting.

nifty weekly technical analysis 06 april'15

 

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